Tag: Ministry of Statistics and Programme Implementation
MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracy
New Delhi: The ministry of statistics and programme implementation (MoSPI) on Thursday released guidelines for compiling gross state domestic product (GSDP) with base year 2022-23,…
Unregistered business entities grow 8 pc in 2025, add 74.52 lakh jobs: Govt survey
New Delhi: Unregistered businesses or unincorporated enterprises grew by 8 per cent to reach 7.92 crore and added 74.52 lakh jobs between January and December…
Infra projects see cost overrun of Rs 5.61 lakh crore in March
New Delhi: Infrastructure projects worth above Rs 150 crore each registered a cumulative cost overrun of Rs 5.61 lakh crore, according to a monthly government…
India jobless rate dalls to 6.5% in 2025, shows gradual labour market improvement
India’s unemployment rate declined to 6.5% in 2025 from 7.0% a year earlier, signalling a modest easing in joblessness even as broader labour market indicators…
Fresh math for world’s fastest growing economy: What’s behind India’s GDP revision and why it matters
After inflation basket was rejigged earlier this month, India is now set to revise its Gross Domestic Product (GDP) math with 2022-23 as the new…
The big inflation reset: What India’s new CPI means for you
India is about to measure inflation differently — and that could quietly reshape how economic reality is interpreted. From tomorrow, the revised Consumer Price Index…
Base year revision aimed at sharper data, AI adoption: MoSPI Secretary Garg
New Delhi: The revision of base years for key economic indicators such as GDP, Consumer Price Index (CPI) inflation and the Index of Industrial Production…
Govt weighs shift to NDP from GDP as key metric of economy
New Delhi: India is considering a shift toward net domestic product (NDP) as a core measure of economic performance, aligning its national accounts with the…
Real-time tax data to sharpen state GDP estimates under new methodology: MoSPI
States will soon be able to estimate their economic growth more accurately using real-time tax filing data, a senior government official said Monday, as India…
IIT-B paper suggests changes on housing CPI computation review proposal
Mumbai: A technical paper by IIT-Bombay has suggested changes on the proposed revisions to capturing changes in the housing services component of consumer price inflation…